Score: 0 of 1 pt 10 of 11 (7 complete) HW Score: 46.67%, 7 of 15 p P7.17 (similar to) Question Help Listed here are the 2015 and 2016 balance sheets and income statements for Otago Bay Marine Motors, a major manufacturer of top of the line outboard motors. (Click on the con following each hyperlink in order to copy its contents into a spreadsheet.) a. On the basis of the information provided, calculate the following financial ration for 2015 and 2016. (Click on the con located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Otago bay Marine Motors Industry Averages 2016 (for 2016) 2015 Current ratio Total asset turnover Debt-equity ratio Not profit margin ROA DE 234 1.27 9,90% 8.73% 15.21% 106 a Calculate the following financial ratios for 2015 and 2016. (Round to two decimal places.) Otago Bay Marine Motors 2015 2016 Current ratio Enter your answer in the edit fields and then click Check Answer 11 parts remaining Clear All Check Answer -ATA ENG MUM MU Definition Otago Bay Marine Motors Balance Sheets ($ in thousands) As of December 31, 2015 2016 Assets Current assets Cash and cash equivalents Accounts receivable, net of allowances Inventories $ 87,759 11.757 $ is hancial ratios 54.709 19,118 27,958 4,743 24,231 6,537 Prepaid expenses Total current assets $ 130,284 $ 106,528 $ $ Property, plant, and equipment, at cost Less: Accumulated depreciation and amortization Net Foxed assets 86,926 (43,664) 135,073 (48,292) $ 43,262 $ 86,781 e odit fields and Print Done Check Score: 0 of 1 pt 10 of 11 (7 complete) HW Score: 46.67%, 7 of 15 p P7.17 (similar to) Question Help Listed here are the 2015 and 2016 balance sheets and income statements for Otago Bay Marine Motors, a major manufacturer of top of the line outboard motors. (Click on the con following each hyperlink in order to copy its contents into a spreadsheet.) a. On the basis of the information provided, calculate the following financial ration for 2015 and 2016. (Click on the con located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Otago bay Marine Motors Industry Averages 2016 (for 2016) 2015 Current ratio Total asset turnover Debt-equity ratio Not profit margin ROA DE 234 1.27 9,90% 8.73% 15.21% 106 a Calculate the following financial ratios for 2015 and 2016. (Round to two decimal places.) Otago Bay Marine Motors 2015 2016 Current ratio Enter your answer in the edit fields and then click Check Answer 11 parts remaining Clear All Check Answer -ATA ENG MUM MU Definition Otago Bay Marine Motors Balance Sheets ($ in thousands) As of December 31, 2015 2016 Assets Current assets Cash and cash equivalents Accounts receivable, net of allowances Inventories $ 87,759 11.757 $ is hancial ratios 54.709 19,118 27,958 4,743 24,231 6,537 Prepaid expenses Total current assets $ 130,284 $ 106,528 $ $ Property, plant, and equipment, at cost Less: Accumulated depreciation and amortization Net Foxed assets 86,926 (43,664) 135,073 (48,292) $ 43,262 $ 86,781 e odit fields and Print Done Check